PRESS RELEASE: PRESIDENT BIDEN HOSTS TOP CEOs IN PUSH FOR BUILD BACK BETTER ACT
FOR IMMEDIATE RELEASE
January 26, 2022
Jack Miller, Communications Director
PRESIDENT BIDEN HOSTS TOP CEOs IN PUSH FOR BUILD BACK BETTER ACT
POLLING: 65% of Voters — Including 64% of Independents — Support the Build Back Better Act
WASHINGTON, DC — Today, President Joe Biden met with CEOs from top U.S. companies, including GM, Ford, Microsoft, and others, to push for the Build Back Better Act and boost the U.S. economy. According to reports, CEOs highlighted the climate change and child care provisions in Build Back Better as greatly beneficial for U.S. businesses and workers that would lift manufacturing and create a more productive workforce.
Invest in America senior advisor Zac Petkanas issued the following statement:
“Today’s White House meeting makes two things clear: that Build Back Better is good for American workers and businesses, and that passage of this legislation is urgent.
“CEOs and business leaders understand the need to reinforce our growing economy, create a more productive workforce, and lower inflation costs for families. Build Back Better will make these historic investments and ensure America remains competitive and an innovative world leader for decades.”
KEY POINTS FROM THE MEETING:
“[Cummins CEO Tom] Linebarger called climate change the existential crisis of our time and said that he wants to make every effort he can to address it through investments from his company.”
“President Biden touted General Motor’s announcement on Tuesday that the auto giant will invest nearly $7 billion investment in EV manufacturing sites in Michigan.”
Microsoft CEO Brad Smith: “What we see is, we need to do more to help bring Americans back to work and one of the key ingredients that we see… is that people can only come back to work if they have a way to take care of their children.”
Read the full article from The Hill here.
About Invest in America
Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.
The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.